Embracer Group Shuffles Gearbox Publishing Into Arc Games Amid Company Restructuring
The restructuring at Embracer Group continues as the video game holding company shuffles Gearbox Publishing into $420 million stock deal late last month.
The deal saw Take-Two acquire full ownership of Gearbox Software, Gearbox Quebec, and Gearbox Montreal and its respective games which are now under the supervision of its 2K division, while Embracer retained ownership of Perfect World Entertainment), Captured Dimensions, and Lost Boys Interactive.
Arc Games currently holds publishing rights to all of Cryptic Studios’ games, including Gigantic: Rampage Edition.
